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, democrat from california. senator, it is great to have you with me this morning. >> thank you. >> just for everybody that's watching, i want to break down what the proposal is from the president that was offered yesterday. $1.6 trillion in tax cuts. $400 billion in cuts to medicare and other entitlement programs. $50 billion additional in stimulus spending. no real structural reform to entitlement programs. no spending cuts. instead, stimulus spending. obviously, the president knew that this would be an unacceptable first offer. so what is the end game here? where is the president's bottom line? >> listen, this is a negotiation. it isn't about the president's bottom line or my bottom line or yours. it's a negotiation. and the sad part is, that the administration, the president, has laid down an offer. there's several things in there we know the republicans like, and yet they refuse to lay down an offer. all they do is come out, and mitch mcconnell laughs, and boehner says it's terrible. there's a fiscal cliff, and this offer isn't good. show me the money, folks. you have the power. you
it is the first pure electric car from general motors since the ev one. it goes on sale in california and oregon only, middle of next year. gm expects the press point to be somewhere around 25,000. the all-important question, what is the range going to be, how far will it go fully charged? gm is not saying at this point, only it will be competitive with other electric cars. speaking of other electric cars this market is struggling now look at auto sales through september of this year. 73%, almost 8 million vehicles in the u.s., are gasoline powered. still a predominant source of power train in this country. hybrids, 279%, 300,000. as for pure electric, just 8,289 pure electric cars sold in the u.s. right now. take a look at shares of general motors in the last year. if you were a gm investor in the last year, up 24%. a lot of people talk about gm ought to learn what they are doing at tesla, tesla leading the way with electric cars. gm versus tesla, no comparison, gm up 24%, tesla up just 1.4%. as i said at the beginning of this report, you will see more electric vehicles coming from general moto
of the time. >> california's governor called it quackery because he is and he helped ban it which it should be. now the crackdown may go nationwide. yesterday, california congresswoman jackie spear announced a nonbinding resolution to encourage each state to make the same move that california did. it's called the shock revolution. shock is for stop harming our kids. some kids explain what the therapy did to them. >> i am telling my story now in hopes that others will speak out to put an end to this sham. the ex-gay industry did nothing but provide me and my family with false lies mass ka raiding as science. >> representative jackie spear joins me now live from capitol hill. congresswoman, thank you so much for joining us. my first question to you, why not just introduce legislation to ban it? why the nonbinding resolution? >> it is a state function to regulate professions, so it is incumbent on the states to look at the scope of practice within professions and determine whether certain practices are appropriate or not. the american psychological association and the american psychiatric associa
: to this. >> ow! >> reporter: june 4 of this year, pulled over off a busy california freeway. she says she lost her way and pulled over to figure out how to get home. the police officers say jones was trying to hide something. they conducted a sobriety test and allowed to return to her kaur. she begins to question why she's being held. >> you're getting it all wrong. i'm trying to get home. >> you're not acting as someone who hasn't done anything wrong. >> reporter: when officers try to control her, she bolts. and then she's tased. jones going into cardiac arrest. her only and last response, a long and erie moment. >> reporter: jones was charged with resisting arrest and drug possession. jones says she remembers nothing of that night and has suffered brain damage. >> they detained her far too long, they scared her when she ran to the car out of fear. after 15 minutes of an unjustified stop they tased her and caused her to go into cardiac arrest. >> a law enforcement veteran says it is essential for police to give suspects clear discussion and there's one thing that he doesn't understand. >
california, austin, oregon, where sustainability is part of the real culture and the thread of the way people live. when you look at the spark and you look at what the performance of a car is, we haven't announced the final range because we're not done certifying it but it will be one of the largest range vehicles and torque is more than a ferrari. >> but the skeptic will look at this and say not that you're supposed to comment on the leaf from a competitor standpoint but you look at the leaf and others and people say is there a market for electric vehicles in the u.s.? >> i think we're doing about 3,000 volts here every month. and that's been growing here pretty steadily. i think if you look at the economy and what we've been through over the last few years and affordability of that, it's hard to know exactly what those markets really are going to be when we get equalization here from a growth standpoint in the economy. the bottom line is that we can save a lot of fuel consumption. we have a place like california and los angeles in an urban environment where spark makes a huge amount of sens
in southern california. making their debut just in time for the holiday shopping season. the idea came from the cupcake vending machine, already a hit in beverly hills. caviar can be just as sweet says the vending machine's owner. is it about making it accessible to people? >> very accessible, convenient, at every price point. >> reporter: so it is caviar out of a vending machine in a shopping mall, but some say this just doesn't belong. >> reporter: owner david lenz says his caviar is served with more flair at his restaurant, not food court fudge. >> that's the part i don't get. i can see getting it, taking it home to have some champagne with it just on your lunch break? it doesn't add up. with a soda from the food court? >> exactly. >> reporter: we found plenty of caviar critics. >> would you put $500 in a machine? >> no. >> would you buy eggs out of a vending machine? much less fish eggs. >> reporter: but the flurries are buying for their daughter this christmas. a little luxury for the layman, conveniently dispensed just in time for the holidays. nothing too fishy about it. kyung lah, c
is going to do. if he caucuses with the democrats, they'll have 55 seats in the house. in california's 36th district, republican congresswoman mary bono mack will not be returning to the hill. julia brownley wins the district 26 race. in michigan's first district, dan benishek is declared. republican. 100% reported in arizona's second district, gabby giffords' former seat, though it had had been redriked, democratic congressman ron barber is trailing by about 400 votes but no call there. in arizona's 9th district, 125 vote there. in california, lungren is trailing by less than 200 votes. in florida's 18th district, 100% of the vote is in. republican congressman allen west is trailing. seems a little bit too much to overcome. 2,500 votes. he's demanding a recount. you do wonder what happens if the florida presidential has to go in that direction. i'll explain that in a few minutes. north carolina, district 7, 100% in. the democrat incumbent there is in the lead but it is only 500 votes. there will be a runoff in louisiana's third dwikt between two republicans. >>> two races still too close t
, california, republican mary bono mack, she's not giving up. she trailed democrat raul luis with all precincts reporting, but she says a large number of ballots have yet to be reported. mack's husband, connie mack, lost his bid in florida to bill nelson. in another tight race, alan west is not conceding defeat. he's demanding a partial recount in his re-election bid against democratic challenger patrick murphy. right now murphy has a very slim lead of less than 2,100 votes, but that's slightly more than what's needed to trigger an automatic recount. >>> the man behind that anti-muslim movie that caused so much rage overseas has been sentenced to a year in federal prison. mark youssif admit head used an alias without permission. he allegedly made a different name when he made the film. that violated the terms of his probation in a bank fraud case from two years ago. >>> former arizona representative gabby giffords and her husband astronaut mark kelly will be inside a tucson courtroom today when the man who shot giffords is given his sentence. mark kelly, he is expected to read a statement in co
the time they were little boys in southern california. they decided they were going to skip this season, an entire nfl season. andrea, the life of a normal nfl career is only about 3 1/2 years. they were willing to skip this whole season to make their pi pilgrimage to mecca. they are -- i've met a lot of athletes from a lot of different sports. i've never met guys willing to do what they did this season. >> i was fascinated by what they had to say about the role of women in islam. this is really -- we'll all be watching "rock center" continue. mary carillo, thank you so much. don't miss "leap of faith" tonight on "rock center" with brian williams at 10:00/9:00 central on your nbc station. >>> an online sensation. an arizona tourist's photo captured the moment. officer lawrence di primeaux said he saw the man freezing. the officer says he will keep the receipt in his vest to remind himself sometimes others, indeed, have it worse. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] an
well in places like california where people drive long distances and where a lot of people are very concerned about the environment and want to drive hybrid or electric vehicles. so even though they haven't been so strong throughout the rest of the country, companies like general motors continue to push ahead with these vehicles. here is their newest introduction, which will be on the market in 2014. only available for sale in california and in oregon initially. this is the chevy spark. it is an all electric vehicle that will get somewhere south of 100 miles on a full charge. what's really cool about this vehicle is you'll be able to charge it up to 80% capacity in just 20 minutes. that is a challenge, though, getting the rest of america outside of places like california to buy these vehicles. listen to what gm had to say about that. >> the key now is to sell these vehicles in the same kind of quantity in st. louis and des moines, in the heartland of america, if you will. when you drive an electric car, we're not going to sell this thing on the environmental aspect aspects. these ca
but actually you can't tell the total number of votes in the nation until california gets around to doing it. you know, some states count them very clean and don't seem to have any problem. >> megyn: how about virginia? is that true of virginia. >> virginia, that has been true. when george allen was defeated for senator six years ago by 6,000 or 7,000 votes, virginia went right down, you know, they went back over that, i believe there was recount or reexpectation of the vote, less than 100 votes changed. it was pretty straightforward. new hampshire is famous for doing that well, too and so forth. other states have had bigger problems. >> bret: we should point out if we put that back up. that was the national popular vote total. that will pop up throughout the night as well. you will see the actual vote total through the night. these are all the states throughout the nation and there you see it as it continues to tick up and for us, after the iowa caucuses, the difference was added, 61256 right now so i don't have to pull out the calculator. >> megyn: didn't you get yelled at by math teacher
tennessee or california before you can even start the work, and all 2400 homes have to be inspected and have to be repaired before they put the electricity on. think about that. that's a massive undertaking and this is just one community. >> yeah. exponentially, i got a place in long island, south shore, and folks in nassau and suffolk county, same problems we're seeing on staten island as well. new york state senator martin golden, i appreciate you being on. we will continue to follow up with you and fema. >>> retired congresswoman gabbi giffords in court today. ♪ [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ the potential of yelp unlocked. nyse euronext. unlocking the world's potential. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] a
there are democrats packed into democratic districts and a handful of districts in california where there wasn't even a republican nominee. overall, i don't think people voted for more gridlock, they voted for people working together. have working government, not divided government. >> how many house republicans believe what he believes versus -- >> probably at least half the caucus. >> that's going to be the challenge for the fiscal cliff. trivia time, in honor of veterans day, we ask, when congress declared armistice day a federal holiday, how many states were already officially commemorating the day? it's a trick question. it was 48. the other four states made it a holiday by gubernatorial action. we'll be right back. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with
jumped in. thanks, guys. >> we want to go to california now to john fortt who has breaking news regarding ncr, which is now halted on news pending. what's going on? >> yeah, scott. not exactly sure what the news is, but i've rumor they could be announcing an acquisition just after the bell. also want to know that retalix, that's an israeli company, point of sale, technology. they recently did an acquisition of a company that served high-end retail establishments nap has also been halted. ncr's market cap just shy of $4 billion. reatlix under $1 billion. still, a significant sides. it would be for ncr. we have to wait to see exactly what this news in. but in the environment of the fiscal cliff, if, indeed, what this is, it would be interesting. >> all right, john. thanks so much. >> ncr, national cash register. right? >> you like that? >> i like that because you got to change the name. cash registers aren't what they used to be. >> that stock is halted along with the other one john was talking about. we'll let you know when the news does come out and that stock is reop reopened for busines
california. congratulations on your election and re-election. it's good to see you. let me ask you about the fiscal cliff. are you encouraged by what you heard from john boehner? >> i'm encouraged. i don't think there's any way we can go over the cliff. we can't afford to. i am encouraged by what i heard the speaker said. the only thing that struck me funny in how he expressed himself is in talking about this being the president's moment, that this was basically his responsibility. this is a shared responsibility, both house and senate leadership and the white house are going to have to come together. both parties are going to have to come together. these problems are simply too large for either party to solve alone. plainly, that's what the country wants us to do. >> you heard one of the things that speaker boehner did was he shot shouted out to the president this is your moment. let me read to you what gale collins said today. "in the past when these things came up, the president's failing was his inability to hide his contempt for many of the people that occupy capitol hill. now is a
to the whole question of whether states must grant same sex marriage. that's the big california case, the prop 108 case and less certain the court will take that case, i think. those are the two biggies that we'll watch. we may or may not find out on friday whether they will take them. we'll find out friday or the following monday. >> there is also some late breaking news in just the past hour. immediate challenges after the president's health care law became law. what's this latest announcement about? >> this is one of the first challenges to the law actually filed before the supreme court rule. this was brought by liberty university, a christian college in virginia that claims the employer mandate, the individual mandate violate religious freedom. what the supreme court basically said is we're not going to address the merits of the case. we're not saying whether you're right or wrong. we're simply saying the off ramp that the federal appeals court put the case on was the wrong one. try again. it gives liberty university a chance to go back to the trial court and start all over again. the oba
from california, thank you for your time. >> thank you. >>> the big three with reaction to an unexpected twist on one issue today and a lot of reaction from you to stores opening on thanksgiving. one place is bucking the trend. we will tell you why. into their work, their name on the door, and their heart into their community. small business saturday is a day to show our support. a day to shop at stores owned by our friends and neighbors. and do our part for the businesses that do so much for us. on november 24th, let's get out and shop small. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one c
. one of the develop storingie ii looking at is chinese products to california to the rest of the country and there's a lot of ports being shot. >> national retail federation said that a lot of product for the holiday season is already in the stores. so maybe it won't be a huge impact and maybe that product can be routed to other ports to mexico and then trucked up. maybe it's a good thing for truckers and fedex and u.p.s.s of the world if the product isn't in the store already, retailers need to get it quickly, good for overnight shippers. >> they have all of the stuff in. that's a good point. ksu rang the bell the other day. they're instrumental in bringing goods from mexico. very interesting. >> look at those freight volume which is they report next. meantime, got to talk zynga taking a hit in the premarket. social gaming company changing its relationship with facebook. the new agreement essentially removes the special status that zynga enjoyed among game developers and also now allows facebook to develop its own games. it's been called an open marriage by "the new york
, welcome to "squawk on the street," tgif. i'm carl quintanilla, jim cramer, david faber is in california, jpmorgan, napa valley ceo summit. how many big stories do we have circulating? fiscal cliff concerns? you heard about jp penny concerns. right now, implied open, down 58 points. europe getting trouble, headlines out of greece, running low on cash again. ftse down 0.75. we'll bring in david from the west coast. we'll talk technology later on but that's not the only subject. what's coming up? >> reporter: a very cool napa valley. we are very close to silicon valley, so here at napa valley ceo technology summit we'll be joined throughout the day by a number of luminaries from the technology industry. i'll be talking to john donahoe, ceo of ebay. back to you. >> french laundry, that's the key tonight. french laundry. he's smiling like he's already been. meantime, a road map starts at cross section of wall street and washington. third weeks of losses as congressional office highlights difficulties if no fiscal cliff worked out. >> jcpenney shares on sale as it posts a much bigger loss and
. >> my parents were farm workers. i grew up migrating from california, nebraska, and washington state. i know what need is and what poverty is. they never took welfare. >> this is an interesting point. it does feel like the republican party on this question is made up of two different coalitions. one is often the sort of up from narrative of folks who came up from circumstances of poverty. then there is the mitt romney version of republicanism we saw on display this time which isn't an up from there. it's very much we have it and want to protect it narrative. >> well, look, i work for a school district in south texas. and we were dealing with a truancy case in one instance. it was a 12-year-old on her second pregnancy. they said because we have klee claims at a welfare bite. we are not in an ungenerous nation. $1 trillion we pay for 82 means tested welfare programs. >> if you have a 12-year-old who is in a circumstance of pregnancy, it is almost certain that she is not pregnant by a 12-year-old boy. it is almost certain that she is pregnant by someone who is basically in a situation of a
in california this summer. and that, of course, is still being investigated. and so, you know who knows if charges are going to be brought. but i think we can all agree if you're committing a crime, like shoplifting, certainly you should pay the legal price, but should you pay the ultimate price with your life? i don't think so. >> and then depending on the charge, i guess to your point, we'll see whether or not walmart is held responsible. we'll check back. sunny hostin on the case, thank you very much. >>> to this it has a lot of you talking, we'll talk about what happened on stage. stones fans, anywhere, as the rolling stones celebrate 50 years in the music business. >>> plus, memphis finally unveiling its very first inductees for the city's music hall of fame. cue the music here. elvis made the list, of course. we're talking memphis. you might be surprised who else got the nod. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-cal
traffic this far in the holiday season. we think they're very well positioned in places like california where we're starting to see some signs of a macro recovery. the other important thing, nordstrom doesn't have the exposure to the tourist consumer some of the other luxury players have. >> reporter: however, with the european debt crisis looming and that fiscal cliff still unresolved, the robin report's robin lewis thinks many luxury buyers may be holding back this holiday season. >> i think that will cause some cautious spending in the last holiday season, in the last quarter. and if the resolve is made to increase the tax rates of the rich, it will definitely hit the pocketbooks. >> reporter: and there's no doorbusters for luxury players. they're banking on their price premiums and their quality to drive sales. later today, carl, i'll sit down with burberry ceo. we'll talk about all things luxe. >>> straight ahead, why the secret to housing reform might be reforming the fha itself. >>> a little bit laeter, how to play the retailers ahead of this holiday season. "squawk on the street
. we know from the court documents in the samsung case in california that apple made an offer for samsung to pay a royalty to settle all patent disputes. samsung didn't take it. the royalty offer was a high one. apple has been consistent in saying that it would be willing to settle under the appropriate conditions. >> tony, which is more important? hardware war or the platform war that you believe it is waging with google and amazon? >> i think the two are hard to separate because increasingly the platform drives sales of the hardware. when people are buying an iphone versus a samsung galaxy 3s, they are deciding i want to be on the ios platform or i want to be on the android platform. so i think the two are very, very linked. apple is pursuing litigation on the patent side because it believes that it can up end momentum from android and believes that its patents were violated and believes it should have compensation for it. >> if the setmelement the settl with samsung over the long-term in. >> samsung sold nearly 200 million smartphones over the last 12 months. they probably
francisco, california. david, thank you for joining us. i want to talk about the earnings in just a little bit, but first a lot of people look at this, you've been growing so quickly, why are you starting to tap the brakes a bit in terms of taking delivery of aircraft as well as expand manage to new markets? >> i think a couple of things here. first of all, we felt the need to get to critical mass which we believe we've done. we have 50 aircraft now. and so we feel comfortable slowing down the growth. but i would say the key thing we've seen in the two years since we in addition will made the order is the increase in fuel prices and basically what is a slowly growing economy. and when you do the math, it doesn't make sense to go in and continue the rapid expansion. >> part of this tapping the brakes, if you will, is slowing down the rate and pace of taking new aircraft from airbus. some people say wait a second, those will be more fuel efficient, why wouldn't you want those sooner rather than later because you're deferring accepting some of those aircraft. >> we're in a little bit of a dif
. >> 250 over 5 years, 50 a year, california alone -- >> you're a jet setter. >> he is. >> no, no, no, no. not at all. >> just joking. >> one day maybe we can all aspire. >> we can share. >> how's that? >> never a private jet. >> there you go. if i can share, you're welcome. >> thank you. >> thank you, david, in advance. turning to the downside, let's head it down to the nation's capital. >> i want to ride on david's jet. that's all i care about, guys. see you later. as congressional leaders and the president convene to discuss solving the fiscal cliff, we're at the white house to bring you the news first. both sides far apart. will they rise above partis partisansh partisanship? >> committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. >> and that's why we say to this president, we want to work with you on solutions. >> this is an opportunity time for us and for the american people. to demonstrate to all americans that we are here to get the job done. >> so many challenges that are ahead of us, the american people need to see us act courageou
out how retail opens when the opening bell rings in just a few moments. for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that
, california has devoted to halt payments in an effort to try to balance its budget. the city will present the plan to a bankruptcy judge on friday. sa they need to close a nearly $46 billion budget deficit. new york and new jersey need at least $71.3 billion to recover from the devastation of super storm sandy and prevent similar damage from future storms. this is according to the state's latest estimates. that total of course could grow. steve liesman has been crunching the newspaperup i numbers and hn the next hour. this is to try to build up some sort of protection, some massive floodwalls. governor cuomo was saying this would be like $9.1 billion to start building. >> questions about the future of the sec following mary shapiro's exit. elyse walter could run the agent until december 2013 when she would have to be renominated and reapproved by the senate. among the issues, and ongoing battle over regulating the $2.5 trillion money market fund industry, some 63 unfinished rule making requirements that are all part of dodd-frank and continuing fears of course about market stability and h
but very refined car as well. >> you introduce it here in l.a. a, southern california. a huge market. people are going to say how much does it cost? $130,000 for this vehicle? >> starting at $83,500. this one is $130,000, yes. i have to say people will clamor for the car. >> this brings up the question. the average land rover customer, household income of $515,000, $130,000 vehicle. this brings up the question with all the talk about potentially raising taxes on the wealthy here in the united states, would that hurt your business? would you sell fewer range rovers if the tax rate went up for those making more than $250,000? >> i think at the moment we see no sign of that quite frankly. a deal has to be done. our customers buy smartly, and when they look at vehicles like this, which is new on the block, they're going to go for this particular car. they might compromise on other things and not on new range rovers. we're confident we can sell more than all the cars in the u.s. without a shadow of a doubt. >> real quick. christmastime is the time of year when luxury seams go through the
Search Results 0 to 35 of about 36 (some duplicates have been removed)